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Cost of Living in Elmore County, AL

Population 89,526 · Census ACS 2020–2024 5-year estimates

Median rent$1,071
Median home value$223,900
Median household income$78,243

The median rent in Elmore County, AL is $1,071/month, 6% higher than the Alabama median and 24% lower than the U.S. median. The median home value is $223,900, 33% lower than the national median. Households earn a median of $78,243 a year, 22% higher than the state median.

Affordability

Rent as a share of median income: 16.4%
Income needed for median rent (30% rule): $42,840/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,132/mo

Run your own numbers: mortgage calculator · hourly to salary

Elmore County vs. Alabama vs. U.S.

Elmore CountyAlabamaU.S.
Median rent$1,071$1,007$1,413
Median home value$223,900$209,900$332,700
Median household income$78,243$63,999$80,734
Homeownership rate77.0%70.2%65.2%
Bachelor's degree or higher25.4%28.4%35.7%
Poverty rate10.3%15.6%12.5%
Unemployment rate4.6%4.7%5.2%
Work from home7.3%8.8%15.1%
Median age39.539.338.9

FAQ

What is the average rent in Elmore County, AL?

The median gross rent in Elmore County, AL is $1,071 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Elmore County, AL?

Using the common 30% rule, renting a median-priced home takes about $42,840 a year in gross income.

Is Elmore County, AL expensive to live in?

Rent there is 24% lower than the U.S. median, and the median home costs about 2.9 times the median household income.

Other counties in Alabama

Jefferson County, ALRent $1,193 · Income $66,388Mobile County, ALRent $1,052 · Income $58,880Madison County, ALRent $1,209 · Income $86,499Baldwin County, ALRent $1,277 · Income $78,775Tuscaloosa County, ALRent $1,037 · Income $66,231Shelby County, ALRent $1,401 · Income $97,961

Counties with a similar cost of living

Racine County, WIRent $1,080 · Income $78,096Stearns County, MNRent $1,068 · Income $77,066Morton County, NDRent $1,076 · Income $79,382Ward County, NDRent $1,048 · Income $78,238Monroe County, MIRent $1,059 · Income $77,335Lee County, TXRent $1,067 · Income $76,371

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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